Mubadala, OMW sign $4.68bn deal for Borealis acquisition
OMV will acquire 39 percent of Mubadala's stake in Borealis through the partnership...
Category : Oil & Gas
Adnoc to supply over 4 mn bpd from April as global oil price plunges
The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030...
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...
As global oil prices fall, Petrobras’ shares plunge
A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024...
Global oil prices plunge as Saudi-Russia negotiations collapse
Saudi Arabia decides to cut prices by nearly 10%...
Saudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demand
the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd...
Oil and Gas deals worth $76.46 bn signed globally in Q4 2019
Oil and gas deals worth $37.6 bn signed in the month of December alone...
CEO: No secondary listing of Aramco shares to take place for a year
An international listing will be discussed by Aramco, but not at this point of time...
Saudi Aramco plans $110 bn investment to develop Jafurah gas field
The field is estimated to have a gas volume of 200 trillion cubic feet...
2030: Adnoc to cut greenhouse gas emissions by 25%
ADNOC is already among the five lowest carbon emitters in the oil and gas industry...